Title
a. Set and hold a public hearing on June 4, 2019 at 1:30 PM to consider adopting FY 2019-20 cost of living adjustment (COLA) increase of 3.5% for Flood Zones 1, 1A, 8, 9, 12, and 17; and
b. Direct the Clerk of the Board of Supervisors to publish a hearing notice at least ten days prior to the date set for the hearing.
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Supervisors:
a. Set and hold a public hearing on June 4, 2019 at 1:30 PM to consider adopting FY 2019-20 cost of living adjustment (COLA) increase of 3.5% for Flood Zones 1, 1A, 8, 9, 12, and 17; and
b. Direct the Clerk of the Board of Supervisors to publish a hearing notice at least ten days prior to the date set for the hearing.
SUMMARY/DISCUSSION:
This report reflects the recently published 2019 Cost of Living Adjustment (COLA) of 3.5% for
The following Flood Zones:
* Zones1 & 1A- Pajaro River Fund 112
* Zone 8 - Soledad Storm Drain Fund 121
* Zone 9- Reclamation Ditch Fund 122
* Zone 12 - San Lorenzo Creek Fund 124
* Zone 17- Moro Cojo Slough Fund 127
The Monterey County Water Resource Agency Ordinances governing these Agency flood zones are as follows: 2626, 2974, 3878, and 3881. These Ordinances were adopted for the main purposes of protecting life and property, and reducing the impact caused by flooding.
This board report also requests that a public hearing be set and held for June 4, 2019 at 1:30 PM to consider adopting assessment rates as set forth in the Notices of Public Hearing relating to Zones 1, 1A, 8, 9, 12 and 17 for Fiscal Year 2019-20, all identified in the Public Notices. A notice will be published at least ten days prior to the date set for this hearing.
OTHER AGENCY INVOLVEMENT:
This item was approved by the Monterey County Water Resources Agency Board of Directors on April 15, 2019.
FINANCING:
The requested COLA increase of 3.5% will increase FY 2019-20 Flood Zone estimated revenues as follows:
? Zones1...
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